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Showing 41 - 50 of 100+ results for "Financial advice"

ClearView offloads advice unit

KARREN VERGARA  |  WEDNESDAY, 25 AUG 2021
ClearView is divesting its financial advice business for $15.2 million to another ASX-listed firm. Centrepoint Alliance will acquire ClearView subsidiaries ClearView Financial Advice (CFA), Matrix Planning Solutions and LaVista Licensee Solutions. The ...

Westpac cops $10.5m fine

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
... million fine after the High Court's decision that found two Westpac subsidiaries provided unlicensed personal financial advice. Westpac Securities and BT Funds Management were found to have breached their best interests duty when providing personal ...

Benefits of advice reforms yet to materialise

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
The myriad of regulatory reforms in the financial advice industry is raising concerns about the effects on the accessibility and quality of advice. This is according to Rainmaker's latest analysis of the ASIC Financial Adviser Register, which saw almost ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
... care systems, encouraging innovation in retirement products, and developing best practice in the provision of financial advice and guidance. "We would also like to see structural changes such as the removal of disincentives for older Australians who ...

Iress steady amid OneVue integration

ELIZABETH MCARTHUR  |  THURSDAY, 19 AUG 2021
... with new client implementations across super, private wealth and in the UK. As expected, revenue in Australian financial advice declined as a result of re-sizing of enterprise client contracts. Underlying demand remains resilient." He added that the ...

Advised clients 5.2% better off

KARREN VERGARA  |  WEDNESDAY, 18 AUG 2021
... placing clients' money into investment products and updating them on their progress. Beyond the material value of financial advice, the peace of mind and comfort that advisers provide clients is critical, and it is important for advisers to be able to ...

Netwealth boosts profit

ANNABELLE DICKSON  |  WEDNESDAY, 18 AUG 2021
... its current pipeline, existing clients and growth in new clients. "The major banks are exiting or have exited financial advice and the largest platforms have experienced prolonged and significant outflows. Many of the platforms are facing an increasingly ...

Aware Super hires member growth executive

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... strategic planning for the retail division at Vanguard. Ten years before that, he was at Sunsuper as head of financial advice and executive general manager of customer engagement. Aware chief executive Deanne Stewart said Travis would have a vital role ...

Vote now in 2021 FS Power50

STAFF WRITER  |  MONDAY, 16 AUG 2021
... 'influential' as individuals who have been, or continue to be, instrumental in shaping the future of financial advice in Australia. Of the 140 nominated, 99 have progressed to the voting stage which closes on Friday, September 3. The 50 individuals ...

Engaged members expect more from super

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... Jeff Bezos or Bill Gates. Stake founder and chief executive Matt Leibowitz said young Australians are "hacking" financial advice and investing. "Young Aussies are forming their own path and opinions when it comes to how money affects and drives their ...